Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain
The Nigeria Basketball Federation (NBBF) is optimistic that the men’s national basketball team, D’Tigers, which is preparing for tomorrow’s opening game against Uganda in the 2019 World Cup qualifying series in Mali, will do the nation proud. The NBBF disclosed the the home-based players that left for Mali last week and their overseas-based counterparts, have intensified their preparation for the game against Uganda, which will set the tone for the team’s over all performance in the competition. NBBF’s Media Officer, Afolabi Oni said the players were already looking ahead to the championship, where they aim to show that their second-place finish at the FIBA Afrobasketball Championship last year was a minor dent in their character.